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Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
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Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

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EARNINGS SUMMARY: Dolphin Capital loss narrows; Cindrigo widens loss

Tue, 04th Oct 2022 21:46

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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Dolphin Capital Investors Ltd - investor in high-end resort developments in the eastern Mediterranean - Pretax loss in the first half of 2022 narrows to EUR3.4 million from EUR3.5 million, year-on-year. Revenue plummets to EUR55,000 from EUR3.0 million. Expects solid outlook for tourism in 2022.

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Cindrigo Holdings Ltd - Guernsey-based energy producer - Pretax loss in the first half of 2022 widens to GBP289,000 from GBP132,000 a year before. Administrative expenses jump to GBP289,000 from GBP46,000. Plans to focus on progressing CCP Slatina and expanding its geothermal portfolio.

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European Metals Holdings Ltd - mineral exploration and development company focused on Cinovec lithium-tin project in Czech Republic - In the half-year to June 30, pretax loss widens to USD6.8 million from USD4.0 million a year before. Share based payments grow to USD2.9 million versus USD987,490. Other expenses jump to USD544,101 from USD127,240. Revenue remains flat at USD1.1 million.

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Hydrogen Utopia International PLC - London-based mixed plastic waste-to-fuel technology - In the first half of 2022, pretax loss widens to GBP583,874 from GBP335,478 a year ago, as administrative expenses jump to GBP583,878 from GBP335,533. Records no revenue, unchanged from a year before. "The first half year since our IPO in January has seen progress on a broad number of fronts: project pipeline, technological development, two proposed joint ventures in Ireland and Poland and the cross trading of our shares in the USA. We continue to build on these foundations with the intention of becoming a leading business in waste plastic to hydrogen in Europe and potentially across the world," Executive Chair Guy Peters comments.

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By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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